Homework Answers
Answer :-
Income statement for the year ended December 31, 2018 are as follows :-
| FIGHTIN' BLUE HENS CORPORATION | ||
| Income Statement | ||
| For the year ended December 31, 2018 | ||
| Service Revenue | $460,000 | |
| Expenses : | ||
| Salaries Expense | $360,000 | |
| Rent Expense | $18,000 | |
| Depreciation Expense | $36,000 | |
| Interest Expense | $4,600 | |
| Total Expenses | $418,600 | |
| Net Income (Service Revenue - Total Expenses) | $41,400 | |
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Required information [The following information applies to the questions displayed below] The December 31, 2018, adjusted...
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Required information [The following information applies to the questions displayed below.) The December 31, 2018, adjusted...
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Required information (The following information applies to the questions displayed below.) The December 31, 2018, adjusted...
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Su 'S Required information The following information applies to the questions displayed below.] The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Credit Debit $ 10, een 130,000 4,000 20,000 200,000 Accounts Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Depreciation Expense Interest Expense Totals $115,000 10,000 9,000 3,000 20,000 100,000...
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Required information [The following information applies to the questions displayed below.] The December 31, 2018, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Credit $ Debit 11,600 146,000 5,600 28,000 360,000 Accounts Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Depreciation Expense Interest Expense $ 131,000 11,600 10.600 4.600 36,000 260,000 56,000 460,000 360,000...
Required information [The following information applies to the questions displayed below] The December 31, 2018, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Credit Debit $ 11,300 143.000 5,300 26.500 330,000 Accounts Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Depreciation Expense Interest Expense $ 128,000 11,300 10.300 4,300 33.000 230,000 53,000 430,000 330,000...
Required information [The following information applies to the questions displayed below.) The December 31, 2018, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. $ Accounts Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Depreciation Expense Interest Expense Debit Credit 11,300 143,000 5.300 26,500 330,000 $ 128,000 11,300 10,300 4,300 33,000 230,000 53,000 430,000 330,000...
Required information (The following information applies to the questions displayed below.) The December 31, 2018, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Credit Debit $ 11,500 145,000 5,500 27,500 350,000 $ 130,000 Accounts Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Depreciation Expense Interest Expense 11,500 10,500 4,500 35,000 250,000 55,000 450,000 350,000...
Su 'S Required information The following information applies to the questions displayed below.] The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Credit Debit $ 10, een 130,000 4,000 20,000 200,000 Accounts Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Depreciation Expense Interest Expense Totals $115,000 10,000 9,000 3,000 20,000 100,000...
Required information [The following information applies to the questions displayed below. The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Credit Debit $ 10,500 135,800 4,589 22,500 250,000 Accounts Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Sto Retained Earnings Service Revenue Salaries Expense Rent Expense Depreciation Expense Interest Expense Totals $120,000 10,500 9,500 3,500 25,000 150,000 45,000 350,000 250,000...
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The following information applies to the questions displayed below. The December 31, 2018, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Accounts Cash Accounts Recelvable Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Depreciation Expense Interest Expense 148,000 5,800 29,000 380,000 133,000 11,800 0,800 4,800 38,000 280,000 58,000 480,000 380,000 19,000 38,000 4,800 $1,016,400 $1,016,400 We were...
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